Consumer Durables in the Post Pandemic Era: A Renaissance Journey
The Renaissance bloomed across Europe from the 14th to 17th centuries. It was a rebirth of culture and politics grounded in Classical Greek and Roman thinking following the relative darkness of the Middle Ages, which had been marked by bubonic plague. Our world today is emerging from another pandemic and while not eradicated, the World Health Organization declared an end to the global health emergency for COVID-19 on May 5, 2023.
So, are businesses today – and in particular major home appliances and HVAC – experiencing their own renaissance as the world begins to return to a pre-pandemic normal?
360insights conducted research to try to learn what’s up – how these consumer durables businesses are preparing for the next 6-12 months, what their current priorities are, and how companies are shaping their futures.
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